The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) has adjusted its previously announced domestic prices for flat rolled products for August shipment.
The average prices are as follows:
Product | Change(Ruble/mt) | Price |
HR 2 mm | - 1,243 | Ruble 16,827/mt ($657/mt) |
Plate 4-32 mm | - 457 | Ruble 18,526/mt ($723/mt) |
Plate 32-50 mm | - | Ruble 21,450/mt ($838/mt) |
Plate > 50 mm | - | Ruble 22,800/mt ($890/mt) |
CR 0.5 mm | - 1,004 | Ruble 19,026/mt ($743/mt) |
CR 1 mm | - 947 | Ruble 18,123/mt ($708/mt) |
HDG 0.5-0.54 mm (second quality) | - 885 | Ruble 28,775/mt($1,124/mt) |
HDG 0.7-0.79 mm (second quality) | - 790 | Ruble 25,780/mt($1,007mt) |
HDG 1 -1.32 mm (second quality) | - 720 | Ruble 23,595/mt ($921/mt) |
HDG 1.4-2.0 mm (second quality) | - 720 | Ruble 23,410/mt ($914mt) |
The above price levels are only valid for delivery to the Ural, Siberian and Far East regions of Russia.
All prices exclude VAT.
Exchange rate: USD 1 = Ruble 25.61